India International Wellness Expo 2014
Time:May 15-17, 2014
Country&Region: India
Venue:Bombay Convention & Exhibition Centre, Mumbai
Organizer:FICCI
The mega event INDIA INTERNATIONAL WELLNESS EXPO 2014 would be organized by Federation of Indian Chamber of Commerce and Industry (FICCI) from May 15-17, 2014 at Bombay Convention & Exhibition Centre, Mumbai. The event would be a focused event on Beauty services and cosmetic products, Fitness and cosmetic products, Nutrition, Rejuvenation, Alternate therapy.
Why Wellness
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The overall wellness market in India is estimated at INR 490 bn and wellness services alone comprise 40% of this market. Some of the key industry trends include:
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The growing wellness industry has attracted a large number of domestic entrants and international players.
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Established players are pursuing revenue maximization through product and service diversification and are exploring new global and domestic markets. Franchising is emerging as a popular option for scaling up.
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Companies are actively seeking public and private equity investments to fuel their growth.
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While there is strong optimism about future growth prospects, recovery of investments may spread over a longer horizon than anticipated.
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There exists an opportunity for micro-segmentation to develop more targeted value propositions for consumers and commercialization of traditional Indian home remedies.
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During the next three years we estimate that the Indian wellness industry will grow at a CAGR of 20% to reach INR 875 billion